In the media: Morten Hansen, Head of Economics Department, on the Bitcoin mania

In the media: Morten Hansen, Head of Economics Department, on the Bitcoin mania

The Bitcoin has been the topic of discussion almost everywhere. Morten Hansen, Head of Economics Department at SSE Riga, expressed his opinion on the bitcoin mania in blog at IRIR.lv.

"Everybody has an opinion about the cryptocurrency Bitcoin. Me too.
Bitcoin has seen an astonishing price development in the past year. On 1 January 2017 its price was 964$, which had risen to 19,758$ on 17 December (an increase of 1,950%). At the time of writing (around 6PM – one has to be precise here; the price can fluctuate very much during the day – on 28 January) the price is 11,564$, down some 41% since its peak in December."

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